Goldman Sachs' Vintage Funds is increasing its allocation to net lease strategies with a $50 million strategic preferred investment in Four Springs Capital Trust.
Four Springs Capital Trust, a REIT that owns a net leased industrial, medical, office, and necessity retail properties throughout the US, will use the Vintage Funds investment to provide liquidity to an existing investor and to grow its real estate portfolio, the company said.
"Four Springs Capital Trust is a late stage private company with a strong management team that is focused on building a portfolio of defensive, income-producing net leased real estate," said Sean Brenan, managing director at Goldman Sachs in prepared remarks. "We see the opportunity for growth and durable income from their platform, and are excited to be an investment partner."
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